When two people are trying to make a deal -- whether they’re competing or cooperating -- what’s really going on inside their brains? Behavioral economist Colin Camerer shows research that reveals just how little we’re able to predict what others are thinking. And he presents an unexpected study that shows chimpanzees might just be better at it than we are. (Filmed at TEDxCalTech.) Topics: TEDTalks, TED, Talks, behavioral economics, choice, economics, neuroscience, TEDxCaltech, 2013
The news of society's growing inequality makes all of us uneasy. But why? Dan Ariely reveals some new, surprising research on what we think is fair, as far as how wealth is distributed over societies ... then shows how it stacks up to the real stats. Topics: Tedtalks, TED, Talks, behavioral economics, economics, inequality, psychology, TED2015, 2015
Every day, we make decisions that have good or bad consequences for our future selves. (Can I skip flossing just this one time?) Daniel Goldstein makes tools that help us imagine ourselves over time, so that we make smart choices for Future Us. Topics: TEDTalks, TEDSalon NY2011, TED, Talks, behavioral economics, business, culture, economics, finance,...
What can economists learn from linguists? Behavioral economist Keith Chen introduces a fascinating pattern from his research: that languages without a concept for the future -- "It rain tomorrow," instead of "It will rain tomorrow" -- correlate strongly with high savings rates. Read more about Chen’s explorations » Topics: TEDTalks, TED, Talks, behavioral economics, business, data, economics, language, TEDGlobal 2012,...
It's easy to imagine saving money next week, but how about right now? Generally, we want to spend it. Economist Shlomo Benartzi says this is one of the biggest obstacles to saving enough for retirement, and asks: How do we turn this behavioral challenge into a behavioral solution? Topics: TEDTalks, TEDSalon NY2011, TED, Talks, behavioral economics, economics, money, psychology, 2011
It's amazing what a rigged game of Monopoly can reveal. In this entertaining but sobering talk, social psychologist Paul Piff shares his research into how people behave when they feel wealthy. (Hint: badly.) But while the problem of inequality is a complex and daunting challenge, there's good news too. (Filmed at TEDxMarin.) Topics: TEDTalks, TED, Talks, behavioral economics, psychology, TEDxMarin, 2013
Someone always asks the math teacher, "Am I going to use calculus in real life?" And for most of us, says Arthur Benjamin, the answer is no. He offers a bold proposal on how to make math education relevant in the digital age. Topics: TEDTalks, TED2009, TED, Talks, economics, education, math, statistics, 2009
Freakonomics author Steven Levitt presents new data on the finances of drug dealing. Contrary to popular myth, he says, being a street-corner crack dealer isn’t lucrative: It pays below minimum wage. And your boss can kill you. Topics: TEDTalks, TED2004, TED, Talks, business, cities, culture, economics, race, 2004
Here's a stat worth knowing: In the UK, 63% of men who finish short-term prison sentences are back inside within a year for another crime. Helping them stay outside involves job training, classes, therapy. And it would pay off handsomely -- but the government can't find the funds. Toby Eccles shares an idea for how to change that: the Social Impact Bond. It's an unusual bond that helps fund new social services -- especially those where a small investment could create a much larger societal... Topics: TEDTalks, TED, Talks, business, economics, social change, TEDGlobal 2013, 2013
James Glattfelder studies complexity: how an interconnected system -- say, a swarm of birds -- is more than the sum of its parts. And complexity theory, it turns out, can reveal a lot about how the economy works. Glattfelder shares a groundbreaking study of how control flows through the global economy, and how concentration of power in the hands of a shockingly small number leaves us all vulnerable. (Filmed at TEDxZurich.) Topics: TEDTalks, TED, Talks, complexity, economics, global issues, TEDxZurich, 2012
What makes work satisfying? Apart from a paycheck, there are intangible values that, Barry Schwartz suggests, our current way of thinking about work simply ignores. It's time to stop thinking of workers as cogs on a wheel. Topics: Tedtalks, TED, Talks, business, economics, happiness, psychology, work, TED2014, 2014
In 2013, international migrants sent $413 billion home to families and friends — three times more than the total of global foreign aid (about $135 billion). This money, known as remittances, makes a significant difference in the lives of those receiving it and plays a major role in the economies of many countries. Economist Dilip Ratha describes the promise of these “dollars wrapped with love” and analyzes how they are stifled by practical and regulatory obstacles. Topics: TedTalks, TED, Talks, business, economics, finance, TEDGlobal 2014, 2014
What was the greatest invention of the industrial revolution? Hans Rosling makes the case for the washing machine. With newly designed graphics from Gapminder, Rosling shows us the magic that pops up when economic growth and electricity turn a boring wash day into an intellectual day of reading. Topics: TEDTalks, TEDWomen, TED, Talks, TEDWomen, culture, data, economics, women, 2010
We each want to live a life of purpose, but where to start? In this luminous, wide-ranging talk, Jacqueline Novogratz introduces us to people she's met in her work in "patient capital" -- people who have immersed themselves in a cause, a community, a passion for justice. These human stories carry powerful moments of inspiration. Topics: TEDTalks, TEDWomen, TED, Talks, culture, economics, global issues, investment, 2010
Alleviating poverty is more guesswork than science, and lack of data on aid's impact raises questions about how to provide it. But Clark Medal-winner Esther Duflo says it's possible to know which development efforts help and which hurt -- by testing solutions with randomized tria Topics: TEDTalks, TED, Talks, economics, poverty, third world, TED2010, 2010
In this short, provocative talk, financier Sangu Delle questions whether microfinance — small loans to small entrepreneurs — is the best way to drive growth in developing countries. "We seem to be fixated on this romanticized idea that every poor person in Africa is an entrepreneur,” he says. "Yet, my work has taught me that most people want jobs.” Delle, a TED Fellow, makes the case for supporting large companies and factories — and clearing away the obstacles to... Topics: Tedtalks, TED, Talks, Africa, economics, entrepreneur, investment, TEDGlobal 2014, 2014
The future of green is local -- and entrepreneurial. At TEDxMidwest, Majora Carter brings us the stories of three people who are saving their own communities while saving the planet. Call it "hometown security." Topics: TEDTalks, TEDxMidwest, TED, Talks, business, community, economics, green, 2010
We often think of bias and prejudice as rooted in ignorance. But as psychologist Paul Bloom seeks to show, prejudice is often natural, rational ... even moral. The key, says Bloom, is to understand how our own biases work -- so we can take control when they go wrong. Topics: TedTalks, TED, Talks, behavioral economics, mind, psychology, TEDSalon NY2014, 2014
Behind the everyday bargains we all love — the $10 manicure, the unlimited shrimp buffet — is a hidden world of forced labor to keep those prices at rock bottom. Noy Thrupkaew investigates human trafficking – which flourishes in the US and Europe, as well as developing countries – and shows us the human faces behind the exploited labor that feeds global consumers. Topics: Tedtalks, TED, Talks, Slavery, consumerism, crime, economics, work, TED2015, 2015
What do you learn when you sail around the world on your own? When solo sailor Ellen MacArthur circled the globe – carrying everything she needed with her – she came back with new insight into the way the world works, as a place of interlocking cycles and finite resources, where the decisions we make today affect what's left for tomorrow. She proposes a bold new way to see the world's economic systems: not as linear, but as circular, where everything comes around. Topics: Tedtalks, TED, Talks, economics, environment, oceans, TED2015, 2015
Economist Andrew McAfee suggests that, yes, probably, droids will take our jobs — or at least the kinds of jobs we know now. In this far-seeing talk, he thinks through what future jobs might look like, and how to educate coming generations to hold them. Topics: Tedtalks, TED, Talks, TED Conference, economics, robots, work, TED2013, 2013
Greece has been the poster child for European economic crisis, but former Prime Minister George Papandreou wonders if it's just a preview of what's to come. “Our democracies," he says, "are trapped by systems that are too big to fail, or more accurately, too big to control” -- while "politicians like me have lost the trust of their peoples." How to solve it? Have citizens re-engage more directly in a new democratic bargain. Topics: TEDTalks, TED, Talks, economics, global issues, politics, TEDGlobal 2013, 2013
Mike Rowe, the host of "Dirty Jobs," tells some compelling (and horrifying) real-life job stories. Listen for his insights and observations about the nature of hard work, and how it’s been unjustifiably degraded in society today. Topics: TEDTalks, EG 2008, TED, Talks, economics, entertainment, work, 2008
Trinidad and Tobago amassed great wealth in the 1970s thanks to oil. But in 1982, a shocking fact was revealed -- that 2 out of every 3 dollars earmarked for development had been wasted or stolen. This has haunted Afra Raymond for 30 years. Shining a flashlight on a continued history of government corruption, Raymond gives us a reframing of financial crime. (Filmed at TEDxPortofSpain.) Topics: TEDTalks, TED, Talks, corruption, crime, economics, government, TEDxPortofSpain, 2012
In this well-argued talk, Timothy Bartik makes the macro-economic case for preschool education -- and explains why you should be happy to invest in it, even if you don't have kids that age (or kids at all). The economic benefits of well-educated kids, it turns out, go well beyond the altruistic. (Filmed at TEDxMiamiUniversity.) Topics: TEDTalks, TED, Talks, business, culture, economics, education, TEDxMiamiUniversity, 2012
Everyone's talking about the "Internet of Things," but what exactly does that mean for our future? In this thoughtful talk, economist Marco Annunziata looks at how technology is transforming the industrial sector, creating machines that can see, feel, sense and react -- so they can be operated far more efficiently. Think: airplane parts that send an alert when they need to be serviced, or wind turbines that communicate with one another to generate more electricity. It's a future with... Topics: TEDTalks, TED, Talks, economics, technology, TED@BCG San Francisco, 2013
It's the end of 2012, and the US political system is tied in knots over next year's "fiscal cliff" -- a budget impasse that can only be solved with bipartisan agreement. (And the world is watching.) Adam Davidson, cohost of "Planet Money," shares surprising data that shows how it might just be solved. Topics: TEDTalks, TED, Talks, economics, global issues, politics, TEDSalon NY2012, 2012
Pollster Dalia Mogahed shares surprising data on Egyptian people's attitudes and hopes before the Arab Spring -- with a special focus on the role of women in sparking change. Topics: TEDTalks, TED, Talks, data, economics, women, TEDxSummit, 2012
Joe Gebbia, the co-founder of Airbnb, bet his whole company on the belief that people can trust each other enough to stay in one another's homes. How did he overcome the stranger-danger bias? Through good design. Now, 123 million hosted nights (and counting) later, Gebbia sets out his dream for a culture of sharing in which design helps foster community and connection instead of isolation and separation. Topics: Tedtalks, TED, Talks, behavioral economics, business, collaboration, community, culture, design,...
Speaking at a TED Salon in London, economist Martin Jacques asks: How do we in the West make sense of China and its phenomenal rise? The author of "When China Rules the World," he examines why the West often puzzles over the growing power of the Chinese economy, and offers three building blocks for understanding what China is and will become. Topics: TEDTalks, TEDSalon London 2010, TED, Talks, business, china, culture, economics, global issues, 2010
Alisa Miller, head of Public Radio International, talks about why -- though we want to know more about the world than ever -- the US media is actually showing less. Eye-opening stats and graphs. Topics: TEDTalks, TED, Talks, Google, business, economics, entertainment, global issues, media, news, short...
Every day, we use materials from the earth without thinking, for free. But what if we had to pay for their true value: would it make us more careful about what we use and what we waste? Think of Pavan Sukhdev as nature's banker -- assessing the value of the Earth's assets. Eye-opening charts will make you think differently about the cost of air, water, trees ... Topics: TEDTalks, TED, Talks, business, economics, finance, global issues, green, TEDGlobal 2011, 2011
Yochai Benkler explains how collaborative projects like Wikipedia and Linux represent the next stage of human organization. Topics: TEDTalks, TEDGlobal 2005, TED, Talks, Google, business, collaboration, economics, law, social...
Why doesn’t the government just get out of the way and let the private sector -- the “real revolutionaries” -- innovate? It’s rhetoric you hear everywhere, and Mariana Mazzucato wants to dispel it. In an energetic talk, she shows how the state -- which many see as a slow, hunkering behemoth -- is really one of our most exciting risk-takers and market-shapers. Topics: TEDTalks, TED, Talks, business, economics, finance, government, innovation, investment, technology,...
The 2007-2008 financial crisis, you might think, was an unpredictable one-time crash. But Didier Sornette and his Financial Crisis Observatory have plotted a set of early warning signs for unstable, growing systems, tracking the moment when any bubble is about to pop. (And he's seeing it happen again, right now.) Topics: TEDTalks, TED, Talks, business, economics, global issues, prediction, TEDGlobal 2013, 2013
As a global community, we all want to end poverty. Mia Birdsong suggests a great place to start: Let's honor the skills, drive and initiative that poor people bring to the struggle every day. She asks us to look again at people in poverty: They may be broke — but they're not broken. Topics: Tedtalks, TED, Talks, activism, community, economics, inequality, poverty, TEDWomen 2015, 2015
Sheena Iyengar studies how we make choices -- and how we feel about the choices we make. At TEDGlobal, she talks about both trivial choices (Coke v. Pepsi) and profound ones, and shares her groundbreaking research that has uncovered some surprising attitudes about our decisions. Topics: TEDTalks, TED, Talks, business, choice, culture, economics, psychology, social change, society,...
In this moving yet pragmatic talk, Kevin Bales explains the business of modern slavery, a multibillion-dollar economy that underpins some of the worst industries on earth. He shares stats and personal stories from his on-the-ground research -- and names the price of freeing every slave on earth right now. Topics: TedTalks, TED, Talks, Slavery, business, economics, global issues, humanity, trafficking, TED2010,...
French economist Thomas Piketty caused a sensation in early 2014 with his book on a simple, brutal formula explaining economic inequality: r > g (meaning that return on capital is generally higher than economic growth). Here, he talks through the massive data set that led him to conclude: Economic inequality is not new, but it is getting worse, with radical possible impacts. Topics: TedTalks, TED, Talks, economics, global issues, inequality, TEDSalon Berlin 2014, 2014
It may seem that we're living in a borderless world where ideas, goods and people flow freely from nation to nation. We're not even close, says Pankaj Ghemawat. With great data (and an eye-opening survey), he argues that there's a delta between perception and reality in a world that's maybe not so hyperconnected after all. Topics: TEDTalks, TED, Talks, business, economics, global issues, social change, social media, TEDGlobal...
What motivates us to work? Contrary to conventional wisdom, it isn't just money. But it's not exactly joy either. It seems that most of us thrive by making constant progress and feeling a sense of purpose. Behavioral economist Dan Ariely presents two eye-opening experiments that reveal our unexpected and nuanced attitudes toward meaning in our work. (Filmed at TEDxRiodelaPlata.) Topics: TEDTalks, TED, Talks, behavioral economics, business, leadership, productivity, work,...
Today, the UN begins its Climate Summit, enlisting the world to work together on a problem that’s too big for any one country to solve. Lord Nicholas Stern helped write the delegates’ report that outlines where we are now — and what we could do next. It’s a big vision for cooperation, with a payoff that goes far beyond averting disaster. He asks: How can we use this crisis to spur better lives for all? Topics: TedTalks, TED, Talks, business, climate change, economics, global issues, TED@Unilever, 2014
The term Gross Domestic Product is often talked about as if it were “handed down from god on tablets of stone.” But this concept was invented by an economist in the 1930s. We need a more effective measurement tool to match 21st century needs, says Michael Green: the Social Progress Index. With charm and wit, he shows how this tool measures societies across the three dimensions that actually matter. And reveals the dramatic reordering of nations that occurs when you use it. Topics: Tedtalks, TED, Talks, economics, global issues, policy, statistics, TEDGlobal 2014, 2014
Josh Luber is a "sneakerhead," a collector of rare or limited sneakers. With their insatiable appetite for exclusive sneakers, these tastemakers drive marketing and create hype for the brands they love, specifically Nike, which absolutely dominates the multi-billion dollar secondary market for sneakers. Luber's company, Campless, collects data about this market and analyzes it for collectors and investors. In this talk, he takes us on a journey into this complicated, unregulated... Topics: Tedtalks, TED, Talks, Brand, advertising, data, economics, fashion, investment, marketing,...
Ghanaian economist George Ayittey unleashes a torrent of controlled anger toward corrupt leaders in Africa -- and calls on the “Cheetah generation” to take back the continent. Topics: TEDTalks, TEDGlobal 2007, TED, Talks, Africa, business, development, economics, entrepreneur,...
It seems like we wait for a disastrous disease outbreak before we get serious about making a vaccine for it. Seth Berkley lays out the market realities and unbalanced risks behind why we aren't making vaccines for the world's biggest diseases. Topics: Tedtalks, TED, Talks, Vaccines, ebola, economics, global issues, health, medicine, public health,...
Behavioral economist Dan Ariely, the author of Predictably Irrational, uses classic visual illusions and his own counterintuitive (and sometimes shocking) research findings to show how we're not as rational as we think when we make decisions. Topics: TEDTalks, EG 2008, TED, Talks, culture, economics, global issues, psychology, science, self,...
Over the past few centuries, Western cultures have been very good at creating general prosperity for themselves. Historian Niall Ferguson asks: Why the West, and less so the rest? He suggests half a dozen big ideas from Western culture -- call them the 6 killer apps -- that promote wealth, stability and innovation. And in this new century, he says, these apps are all shareable. Topics: TEDTalks, TEDGlobal 2011, TED, Talks, business, culture, economics, global issues, 2011
The developed world holds up the ideals of capitalism, democracy and political rights for all. Those in emerging markets often don't have that luxury. In this powerful talk, economist Dambisa Moyo makes the case that the west can't afford to rest on its laurels and imagine others will blindly follow. Instead, a different model, embodied by China, is increasingly appealing. A call for open-minded political and economic cooperation in the name of transforming the world. Topics: TEDTalks, TED, Talks, Africa, china, economics, global issues, politics, TEDGlobal 2013, 2013
Even as mega-banks topple, Juan Enriquez says the big reboot is yet to come. But don't look for it on your ballot -- or in the stock exchange. It'll come from science labs, and it promises keener bodies and minds. Our kids are going to be ... different. Topics: TEDTalks, TED, Talks, biology, business, economics, robots, science, technology, tedbooks, TED2009,...